Bankrate: Mortgage Rates Hit 12-Month High and Google to Present at the 10th Annual Pacific Crest Technology Leadership Forum

City of Industry, CA --(www.USEquityNews.com)-- 07/28/2008 - Internet Information Provider industry alert provided by U.S. Equity News. Mortgage rates soared, with the average conforming 30-year fixed mortgage rate jumping to 6.77 percent. According to Bankrate.com's (NASDAQ: RATE) weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.45 discount and origination points. The average 15-year fixed rate mortgage popular for refinancing bounded higher to 6.32 percent, while the average jumbo 30-year fixed rate was modestly higher at 7.68 percent. Adjustable mortgage rates were higher, with the average 1-year ARM rising just a little, to 6.24 percent and the average 5/1 ARM rising a lot, to 6.48 percent. Mortgage rates posted the biggest one-week increase since February after a combination of inflation news, multi-billion dollar bank write downs and loss reserves, and fewer loan purchases by Fannie Mae and Freddie Mac.



Zimbra, a Yahoo! (NASDAQ:YHOO) company a leader in open source, next-generation messaging and collaboration software, today announced the release of Yahoo! Zimbra Desktop Beta. Yahoo! Zimbra Desktop gives everyone access to a simple, centralized place to manage work, school and personal e-mail even when they are not connected to the Internet. Through internet protocol support called Post Office Protocol (POP) and Internet Message Access Protocol (IMAP), Yahoo! Mail, AOL Mail and Gmail can now be accessed offline at the same time, from the same place. Additionally, Yahoo! Zimbra Desktop allows users to use the iCal standard to take their calendar offline.

Google Inc. (NASDAQ: GOOG) announced today that David Girouard, President, Google Enterprise, will participate in a question-and-answer session at the Pacific Crest Technology Leadership Forum in Vail. The session is scheduled for 3:15 p.m. Eastern Time / 12:15 p.m. Pacific Time on Tuesday, August 5, 2008. To access the live audio webcast of the presentation, please visit investor.google.com/webcast.html.

SmallCapVoice.com, Inc. announced that a new audio interview featuring, Elysium Internet Chairman and Chief Executive Officer Scott Gallagher of Elysium Internet, Inc. (OTCBB: USBF) is now available at SmallCapVoice.com. The interview can be heard at http://www.smallcapvoice.com/usbf/usbf-6-10-08.php. Elysium Internet CEO Scott Gallagher commented, "In only a few short months since going public we have acquired some of the best Internet real estate in our space. Our first two directories are showing up on page one of the organic listings at Yahoo, MSN.com and Google. The Internet ad space is growing at a record pace. We look forward to the coming launch of Pediatricians.com, Psychiatrists.com and Podiatrists.com to further expand our customer and revenue base and we welcome the opportunity to communicate our business strategy to web sites such as www.SmallCapVoice.com."

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